FIDUSTEIR: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
FIDUSTEIR
Largest movements
- Tangible fixed assets -€20,753
down €20,753 (-18.6%), from €111,663 to €90,910
of which Land and buildings: -€11,247
- Receivables after one year -€9,700
down €9,700 (-32.7%), from €29,700 to €20,000
- Receivables within one year +€8,457
up €8,457 (+31.5%), from €26,839 to €35,296
of which Trade receivables: +€8,183
- Cash -€4,767
down €4,767 (-25.0%), from €19,028 to €14,262
mainly Debts after one year (-€10,805) and Receivables within one year (-€8,457)
- Debts after one year -€10,805
down €10,805 (-33.1%), from €32,650 to €21,845
- Other debts -€6,081
down €6,081 (-51.3%), from €11,848 to €5,767
- Tax, wage and social debts -€5,669
down €5,669 (-26.0%), from €21,820 to €16,151
of which Taxes: -€5,713
- Gross operating margin -€37,400
down €37,400 (-43.8%), from €85,414 to €48,014
- Taxes -€9,320
down €9,320 (-77.8%), from €11,983 to €2,662
- Depreciation -€2,323
down €2,323 (-7.7%), from €30,163 to €27,841
- Financial charges -€2,195
down €2,195 (-56.6%), from €3,880 to €1,684
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €193,832 | €167,307 | -€26,525 | -13.7% |
| Fixed assets | 21/28 | €111,728 | €90,975 | -€20,753 | -18.6% |
| Tangible fixed assets | 22/27 | €111,663 | €90,910 | -€20,753 | -18.6% |
| Land and buildings | 22 | €13,231 | €1,983 | -€11,247 | -85.0% |
| Furniture and vehicles | 24 | €27,999 | €26,048 | -€1,952 | -7.0% |
| Leasing and similar rights | 25 | €41,791 | €30,570 | -€11,221 | -26.8% |
| Other tangible fixed assets | 26 | €28,642 | €32,309 | +€3,666 | +12.8% |
| Financial fixed assets | 28 | €64 | €64 | = | 0.0% |
| Current assets | 29/58 | €82,105 | €76,332 | -€5,772 | -7.0% |
| Amounts receivable after more than one year | 29 | €29,700 | €20,000 | -€9,700 | -32.7% |
| Other amounts receivable | 291 | €29,700 | €20,000 | -€9,700 | -32.7% |
| Amounts receivable within one year | 40/41 | €26,839 | €35,296 | +€8,457 | +31.5% |
| Trade receivables | 40 | €25,861 | €34,044 | +€8,183 | +31.6% |
| Other amounts receivable | 41 | €978 | €1,251 | +€274 | +28.0% |
| Cash at bank and in hand | 54/58 | €19,028 | €14,262 | -€4,767 | -25.0% |
| Deferred charges and accrued income | 490/1 | €6,538 | €6,775 | +€237 | +3.6% |
| Total equity and liabilities | 10/49 | €193,832 | €167,307 | -€26,525 | -13.7% |
| Equity | 10/15 | €101,253 | €100,916 | -€337 | -0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €82,653 | €82,316 | -€337 | -0.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €4,118 | €4,118 | = | 0.0% |
| Distributable reserves | 133 | €78,534 | €78,198 | -€337 | -0.4% |
| Amounts payable | 17/49 | €92,580 | €66,391 | -€26,189 | -28.3% |
| Amounts payable after more than one year | 17 | €32,650 | €21,845 | -€10,805 | -33.1% |
| Financial debts | 170/4 | €32,650 | €21,845 | -€10,805 | -33.1% |
| Amounts payable within one year | 42/48 | €58,327 | €44,546 | -€13,781 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €12,643 | €10,805 | -€1,838 | -14.5% |
| Financial debts | 43 | €95 | €95 | = | 0.0% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €95 | €95 | = | 0.0% |
| Trade debts | 44 | €11,921 | €11,728 | -€193 | -1.6% |
| Suppliers | 440/4 | €11,921 | €11,728 | -€193 | -1.6% |
| Taxes, remuneration and social security | 45 | €21,820 | €16,151 | -€5,669 | -26.0% |
| Taxes | 450/3 | €21,035 | €15,322 | -€5,713 | -27.2% |
| Remuneration and social security | 454/9 | €785 | €829 | +€44 | +5.6% |
| Other amounts payable | 47/48 | €11,848 | €5,767 | -€6,081 | -51.3% |
| Accrued charges and deferred income | 492/3 | €1,603 | €0 | -€1,603 | -100.0% |
| Non-recurring operating income | 76A | €16,032 | €4,200 | -€11,832 | -73.8% |
| Remuneration, social security and pensions | 62 | €12,911 | €12,898 | -€13 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,163 | €27,841 | -€2,323 | -7.7% |
| Other operating charges | 640/8 | €2,729 | €3,265 | +€536 | +19.7% |
| Gross operating margin | 9900 | €85,414 | €48,014 | -€37,400 | -43.8% |
| Operating profit (loss) | 9901 | €39,611 | €4,010 | -€35,601 | -89.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -71.4% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -71.4% |
| Financial charges | 65/66B | €3,880 | €1,684 | -€2,195 | -56.6% |
| Recurring financial charges | 65 | €3,880 | €1,684 | -€2,195 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | €35,731 | €2,326 | -€33,406 | -93.5% |
| Income taxes | 67/77 | €11,983 | €2,662 | -€9,320 | -77.8% |
| Profit (loss) for the period | 9904 | €23,749 | -€337 | -€24,085 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,749 | -€337 | -€24,085 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.